online income stream

Last Update 2nd January, 2017.

So, you want to learn all about online business and making money?

I’ll do you one better; I’m going to let you in on life’s most elusive secret that’s been camouflaged for centuries and placed right in front of your eyes.

This is a crash course like no other, and it all started with the promise of an atrocious, back-breaking crash.

A while back, me and a couple friends of mine went base jumping off one of the most breath-taking areas in Thailand, Tonsai Bay.

For those of you who aren’t familiar with the sport; base jumping is where you get all suicidal, get on a building, cliff or mountain, jump off and just a few seconds before kissing the ground you change your mind and pull out the parachute. Then you do it all over again.

After getting to the top of Tonsai Wall, we soaked in the spectacular view for a while and then prepared for the thrill of a lifetime.

The first few jumps went as expected and it was smooth sailing for a while. However, at the final leap, one of my pals jumped and we could hear a loud guffaw as he hurled down the 160-meter drop like a rock.

His chute was all tangled up…

We watched helpless as he battled to take back control, but all he could do was spin in frantic circles. We knew it wasn’t going to be pretty, damn it he was just coming in too fast!

But this guy, he must have hired an angel to watch his back because, in the last few meters, his chute went into an angled rotation that saw him hit the water like a professionally-trained diving Panda Bear.

He came out all right and unscathed in the end; just a few rope grazes and cuts. But you can imagine how hard we laughed at him on the way home. This guy (Pete) is a Pro-athlete and couldn’t handle a little gravity.

In the evening though, we started to think more soberly about what had just taken place that day. I mean, one of our own almost died…

Pete kept wondering how his career could have been affected by something as small as a sprained ankle or a broken leg. He’s been a career athlete all his life and it’s all he knows.

If all of a sudden he couldn’t play ball anymore, how would he support his family, his wife and kids in school? His entire career depends on how physically fit he is and how many games he plays. His leg goes and his career’s tanked with no way of getting paid.

Income kaput.

Then each of us got thinking too…

How would a broken leg affect your job, your income, your life?

My other friend Steve is a marketing consultant. I guess all he needs to work is half a brain, working limbs and one sweet, salesy voice (of course we let him know he was just a voice box with an arm. Even a robot with wheels could do what he did).

But even he had to admit that if he couldn’t perform, couldn’t hit the required number of sales or even got really ill for a while, he’d get fired faster than Pete’s BASE jump today.

Again, no money; income kaput.

What about you Simon? How would a broken leg affect your career?” It was my turn to answer.

In trying to come up with a response, I realised that parts of my online business are so automated that I could actually die today, and my bank wouldn’t even notice.

I could take a long, exotic holiday to anywhere on the planet and still make money without as much as a phone call home.

You could actually argue that I’ve retired already. I live and work in Thailand as a volunteer, for free. I do what I love because of the income my online businesses generate for me.

It’s your turn to answer.

How would a broken leg affect your income?

If the outcome doesn’t seem too rosy, I want to offer you an online solution. Here’s how Wealthy Affiliate can turn things around for you…

What is Wealthy Affiliate?

In a nutshell, Wealthy Affiliate is a free membership site with full online business training bolstered by a strong community of helpful expert who are always on hand to help. This step by step guide and training program takes people through the process on how to start an online business that makes money.

Recommended reading:

Here’s a quick overview of the free online entrepreneur certification course and how you too can get started on your journey to automated income.

1. Take Your Time and Research on a Marketable Niche

step-1Think carefully, dig deeply, and most importantly, pay attention to the market trends.

What you want is to land on a very sweet yet highly unexploited zone; a niche that you could single-handedly build your entire business around.

Most online gurus will give you long mathematical equations and talk jargon on all day on how to choose an interest. I’m here to tell you that it couldn’t be simpler.

As a consumer, there are lots of hobbies and interests that always have centre stage in your life. Maybe there’s a particular product that solved a lot of the problems you had, or even a service that discovered a new way to do things.

Just do what you love, have fun with it and success will follow like bees to pollen.

Recommended reading:

2. Build, Construct, Create, Repeat

step-2

The next step in your affiliate marketing journey involves starting a blog where you can promote products and redirect your traffic.

Wealthy Affiliate makes the construction and design process much easier than any other platform out there.

The reality of the matter is, nobody wants to start building a website from scratch, then just when you think you are done, you get requests for domain names and all that nonsense.

By simply joining Wealthy Affiliate, you get two free websites to start you out, and even options to sign up for premium membership with domain and hosting options. Once you get the hang of it, feel free to start as many sites as possible.

3. Come One, Come All

step-3

Now that you have a decent website set up, it’s time to drive insane amounts of traffic.

Sure, there are over a hundred different ways to attract people to your site, but I’ve never seen anything work better than unique, interesting and regularly updated content.

This is because it’s cheap, helps inform and keep your visitors abreast and helps your website rank higher in every search engine.

Wealthy Affiliate will make you a traffic generating expert – you’ll be exploiting social media and search engines to their full potential.

You’ll also get instant access to the free keyword research tool within Wealthy Affiliate.

Don’t get me wrong, though, there is a difference between selling and attracting.

Most newbie affiliates jump the gun on this step by flooding their new websites with products and services expecting quick conversions.

Take it from me; this WILL NEVER WORK.

You have to create a loyal, dedicated and willing following. Only after you have successfully become a familiar authority in your field can you gently ease into the next step.

4. Knock Knock – Someone Order a Side of Fat Revenues?

step-4This is the part where you take out your dictionary and put every single meaning of the word sell to good use.

It’s time to promote as many products and services from as many partners as possible. The more, the merrier.

Affiliate marketing is so easy and straightforward it should be illegal. In which other business will you get paid for selling products and service without having to pay out for upfront stock, storage, manufacturing?

This is the beauty of starting an online business.

Why does affiliate marketing receive such great success?

Simple, by promoting products that are 100% relevant to your audience, you significantly increase the chances of turning that visitor into a buyer.

Almost all the people who go online looking for products want an honest, informative opinion before they commit themselves. Make sure you give your opinion, recommend a solution in the form of a product, then let the internet do the rest.

Bottom Line

While affiliate marketing may seem mysterious and innately covered in dark magic, it’s only a matter of getting pointers in the right direction. Don’t worry.

Before I went through the Wealthy Affiliate training in 2014 I had never as much as set up a blog before, never mind the portfolio of online businesses I have today, as a direct result of creating a free starter account with Wealthy Affiliate.

Warning: Before you venture into this you should know many people have indeed tried and failed miserably because of the amount of work involved.

Don’t let anybody lie to you; the process is neither easy nor guaranteed. It could take a few weeks or even a couple of months before you see the first fruits of your hard work.

So, hang in there, never give up and always feel free to reach out to me or the friendly Wealthy Affiliate community if you’ve got questions.

What advice would you give for anyone starting an online blogging business?

I’d really like to draw on the collective brilliance of the online business builders here and ask what tips or hints you would give to someone starting an internet business? Please leave a comment.